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Latest Regulatory Trends Impacting the Animal Intestinal Health Market

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Latest Regulatory Trends Impacting the Animal Intestinal Health Market

April 01
23:41 2021
Latest Regulatory Trends Impacting the Animal Intestinal Health Market

MarketsandMarkets™
The global animal intestinal health market size is estimated to be valued USD 3.1 billion in 2020 and is expected to reach a value of USD 4.6 billion by 2025, growing at a CAGR of 8.0%

The global animal intestinal health market size is estimated to be valued USD 3.1 billion in 2020 and is expected to reach a value of USD 4.6 billion by 2025, growing at a CAGR of 8.0% during the forecast period. It is estimated to account for 700.0 KT in 2020 and is projected to account for 1,000.3 KT in 2025, growing at a CAGR of 7.4% during the forecast period. Factors such as an increase in the consumption of feed and feed additives, steady growth in the market for meat and meat products, a shift toward natural growth promoters is driving to the growth of the market.

Animal Intestinal Health Market

COVID-19 Impact on the Animal intestinal health Market:

Due to the pandemic, livestock producers have become increasingly concerned about the need to prevent viral infections among animals. Viral infections have a negative impact on the growth, gut health, performance, and reproduction of livestock species. Animal intestinal health nutrition products help in lowering the instances of viral infections and improving the overall intestinal health and immune response in the case of a viral infection in livestock. Animal intestinal health nutrients, such as probiotics, prebiotics, phytogenics, and immunostimulants, play an important role as an alternative to antibiotic growth promoters that are used in feed products, which supports the gut immune system in livestock. Thus, feed producers are using nutrients, such as probiotics, which help in enhancing the microbial stability in the intestinal tract in livestock. In further, prebiotics are also included in intestinal feed products that have the potential to improve balanced intestinal microflora to enhance health and well-being. In addition, phytogenics have evolved as a key feed additive, as they helped in increasing the feed intake, improving gut function, and preventing diarrhea, antimicrobial, and antioxidative effects on livestock. These nutrients play an important role in enhancing the intestinal immunity in livestock species. Thus, the pandemic would have a positive impact on the overall growth of the animal intestinal health market, as the release of lockdown in various regions has increased the consumption of high-quality animal-based food products, which, in turn, drives the market growth globally.

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Driver: Increase in the production of compound feed

With the rise in demand for meat and meat products and the increase in the importance of protein-rich diets among consumers across the globe, the demand for compound feed s is growing in the Asia Pacific, North American, and European countries. The Food and Agriculture Organization (FAO) estimates that by 2050, the demand for food products would grow by 60%, and that of animal protein would grow by 1.7% per year. It is also estimated that the production of meat, aquaculture, and dairy products would increase by 70%, 90%, and 55%, respectively. The major feed producing countries in the world include China, the US, Brazil, Mexico, Spain, India, and Russia. The demand for chicken and red meat has been growing in these countries, which has also contributed to the growth of the market. An increase in the number of feed mills could also be among the key factors, which has contributed to the overall increase in the production of compound feed.

Plant-based by source drives the market during the forecast period

By source, the plant-based segment is projected to have the highest CAGR during the forecast period. The plant-based sources considered for the animal intestinal health study are herbs & spices, flowers, plant extracts, and fruits & vegetables. Phytogenics and prebiotics are derived from plant-based sources. Some commonly used prebiotics are fructo-oligosaccharides (FOS), inulin, lactulose, lactitol, and xylo-oligosaccharides. Prebiotics that are most commonly used in livestock nutrition are fructo-oligosaccharides (FOS), galacto-oligosaccharides (GOS), inulin, xylo-oligosaccharides (XOS), lacticol, and lactulose.

The demand for plant-based or phytogenic animal intestinal products is growing in the feed industry, and a large number of producers are incorporating them into their feeding programs. Plant-based animal intestinal products consist of biologically active substances that are derived from various plant sources, such as herbs & spices, flowers, and fruits & vegetables. These plant-derived substances help to improve the growth rate, gut health, and nutrient digestibility in various animals.

Asia Pacific is estimated to hold the largest market share during the forecast period

Asia Pacific accounted for the largest share during the forecast period due to the growing demand for meat and meat products in developing and developing countries such as China, India, and South Korea. The USDA is of the view that factors such as increasing disposable income, increase in population, and rapid urbanization have significantly aided in the growth of the market in this region. With the westernization of diets in the various countries in Asia Pacific, the demand for better quality meat has been growing which calls for the need to improve the overall health and productivity of livestock species which further drives the growth of the animal intestinal health market.

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This report includes a study on the marketing and development strategies, along with a study on the product portfolios of the leading companies operating in the animal intestinal health market. It consists of the profiles of leading companies such Cargill, Incorporated (US), Koninklijke DSM N.V. (Netherlands), Archer Daniels Midland Company (US), DuPont (US), Novozymes (Denmark), Kemin Industries, Inc. (US), Nutreco N.V (Netherlands), Chr. Hansen Holding A/S (Denmark), Bluestar Adisseo (China), Alltech (US), Evonik Industries (Germany), Lallemand Inc. (Canada), Biorigin (Brazil), AB Vista (UK), Land O’ Lakes (US), Lesaffre (France) Calpis Co., Ltd (Japan), Unique Biotech (India), Dr. Eckel Animal Nutrition (Germany), and Pure Cultures (US)

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